All Top Story Articles – Page 27
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News
Airfreight rates remain firm in June
Airfreight rates on key trades out of Asia remained "firm" in June despite the market entering the quieter summer season.The latest figures from the Baltic Exchange Airfreight Index (BAI) show that rates from Hong Kong to both Europe and North America remained up on a year ago and also increased ...
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News
My Freighter begins flights to Shanghai and Ezhou
Uzbekistan-based My Freighter has begun operating flights to Shanghai and Ezhou after receiving authorisation to carry out flights on routes to and from Mainland China in April.The Tashkent-hubbed airline said in a LinkedIn post on July 6 that it had carried out its first cargo flight to Shanghai. The airline ...
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NewsAbbas hired as divisional SVP at Emirates SkyCargo
Badr Abbas. Photo: Emirates SkyCargo Emirates has appointed Badr Abbas as divisional senior vice president for Emirates SkyCargo to fill the gap left by Nabil Sultan back in the first quarter of the year. Abbas will begin his new role on July 8, His Highness Sheikh Ahmed ...
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News
Air India rolls out digital operations with IBS Software
Air India will use IBS Software’s iCargo solution to help it digitalise its air cargo operations and end-to-end cargo management.IBS Software’s fully integrated iCargo solution is designed to enable airlines to streamline operations through seamless integration of numerous cargo operations, including sales and billing, within a single, integrated platform.Nipun Aggarwal, ...
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NewsForwarders and shippers brace for Q4 hike in air cargo rates
Airlines are looking ahead to air cargo's fourth quarter peak season to decide how best to maximise returns from capacity out of Asia as spot rates are predicted to go sky high.With a backdrop of more demand and less capacity, industry analyst Xeneta has warned that shippers and forwarders seeking ...
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NewsLufthansa finally able to proceed with ITA Airways stake
Source: Lufthansa GroupThe European Commission has approved Lufthansa's bid to buy a 41% stake in ITA Airways, over two and half years since Lufthansa first expressed interest in the Italian carrier.Air Cargo News first reported that the MSC Group aimed to work with Lufthansa to acquire a majority stake in ...
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News
Air Serbia Cargo appoints NAS as GSSA in France
Network Airline Services (NAS) has recently been appointed the general sales & service agent (GSSA) for Air Serbia Cargo in France.Air Serbia currently operates a fleet of both Airbus and Boeing aircraft including A319, A320, B737 and A330 aircraft.The airline operates to 78 destinations in 35 different countries around the ...
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News
Swissport adds to board of directors
Aviation services company Swissport has appointed Janina Kugel, former managing board member and chief human resources officer of Siemens and Julian Diaz Gonzalez, former chief executive of Dufry (now Avolta) to its board as non-executive directors.Germany-based Kugel has had an extensive career in human resources, which she began at Siemens ...
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NewsInternational Cargo Logistics doubles down on Heathrow cold storage
International Cargo Logistics team outside the expanded cold storage facility at Heathrow Airport. Photo: International Cargo LogisticsGlobal freight forwarder International Cargo Logistics (ICL) has nearly doubled the size of its cold storage facility at Heathrow Airport to meet growing customer demand.Originally 153 sq m, the cold storage facility has grown ...
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NewsFedEx to grow cargo facility at Clark Airport in the Philippines
From left: Lourdes Josephine Gotianun-Yap Chairman, LIPAD, Noel F. Manankil, President and CEO, LIPAD, Maribeth Espinosa, Managing Director, FedEx Philippines, Jenieryll Jomarie Mangalindan, Senior Manager for Operations, FedEx Philippines. Photo: FedExFedEx will expand its gateway facility at Clark International Airport (CRK) in the Philippines following the signing of an ...
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News
Qatar Cargo volumes up but revenues under pressure in 23/24
Qatar Airways Cargo registered an increase in cargo tonnages during the fiscal year running until March 31 but its revenues declined.In total, the airline saw its cargo volumes increase by 12.9% year on year to 3m tonnes but revenues were down 25.8% year on year to QAR15.3bn.The decline in revenues ...
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NewsTop 25 air forwarders: K+N keeps the lead in a tough year for airfreight
Kuehne+Nagel (K+N) maintained its position as the world’s leading airfreight forwarder in 2023 ahead of DHL Global Forwarding despite overall market volumes coming under pressure (full chart at end of article). Figures produced by consultant Armstrong and Associates show that top air forwarder K+N last year saw its cargo volumes ...
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News
Caribbean Airlines Cargo signs up for new CHAMP Cargospot tools
Caribbean Airlines Cargo has adopted CHAMP’s Cargospot Mobile and Cargospot Quotes with the aim of driving efficiency and growth within its business.The airline is already using CHAMP's Cargospot suite for cargo management processes, but has now signed multi-year contracts for Cargospot Mobile and Cargospot Quotes.Cargospot Mobile will equip Caribbean Airlines ...
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News
AFKLMP begins Amsterdam-Dubai freighter service
Air France KLM Martinair Cargo (AFKLMP) has begun a new weekly Boeing 747 freighter service operated by Martinair between Amsterdam Schiphol Airport (AMS) and Dubai World Central Airport (DWC).The service began on July 1 and operates from AMS to DWC with a stopover at Cairo International Airport (CAI) before returning ...
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NewsHellmann drives sustainability with latest appointments
Source: Hellmann Worldwide Logistics. Daniel Hülemeyer, Stefan Borggreve, Şükran Gencay (left to right)Hellmann Worldwide Logistics has made two new appointments to its sustainability division as part of its focus on greening its operations.Şükran Gencay has been appointed as head of sustainability - social & governance, while Daniel Hülemeyer will take ...
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NewsBolloré Logistics brand to go as CEVA integration continues
Credit: OleksandrShnuryk/Shutterstock.comCEVA Logistics is switching to a product vertical-based structure as it continues its integration of Bolloré Logistics.The CMA CGM-owned forwarder announced that as part of the integration process, the Bolloré Logistics business would be rebranded under CEVA Logistics by the end of 2024.The product-driven organisational model will go through ...
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NewsATSG leases more 767Fs to My Freighter
Photo: Business WireUzbekistan-based airline My Freighter will lease two more Boeing 767-300 passenger to freighter (P2F) aircraft from Air Transport Services Group's (ATSG) subsidiary, Airborne Global Leasing.The addition of these two aircraft will expand the Tashkent-hubbed airline's ATSG-leased fleet to five 767-300P2Fs as part of efforts to connect trading hubs ...
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InsightsSupply chain spotlight: UK logistics sector primed for airfreight growth
The appointment of a new government will provide a significant opportunity to create a policy environment in which the logistics sector can thrive and support economic growth for the whole of the UK.According to Logistics UK, the injection of the appropriate investment, incentives and the right partnerships with government could ...
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InsightsEnergy sector tightrope for brokers
Outsize and general air cargo capacity alike is in short supply for energy charters against a backdrop of heated political debate on the energy transition.“Fragile” is how one executive described the state of their energy supply chain. And, from the logistics operators’ perspective, the picture is not much better. Much ...
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Insights
Putzger perspective: E-commerce shipments face rising pressure
These days no industry event would seem complete without at least one firm verdict from the podium that e-commerce is going to be the driver of air cargo growth. If you’re not in e-commerce, you may as well pull down the shutters and retire. On the regional scene, such predictions ...